Between debt and the devil:

By:

Turner, Adair

Material type: Text

TextPublication details: New Jersey: Princeton, 2015.Description: vii, 302pISBN:

9780691169644

Subject(s):

DDC classification:

332.042 TUR

Summary: Between Debt and the Devil challenges the belief that we need credit growth to fuel economic growth, and that rising debt is okay as long as inflation remains low. In fact, most credit is not needed for economic growth—but it drives real estate booms and busts and leads to financial crisis and depression. Turner explains why public policy needs to manage the growth and allocation of credit creation, and why debt needs to be taxed as a form of economic pollution.

Item type:

Book

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Holdings
Item type	Current library	Call number	Status	Date due	Barcode
Book	IIM Kashipur	332.042 TUR (Browse shelf(Opens below))	Available		7336

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Previous	332.03 ENC Encyclopedia of quantitative finance	332.03 ENC Encyclopedia of quantitative finance	332.0412 STI Stigum's money market	332.042 TUR Between debt and the devil: money, credit, and fixing global finance/	332.091767 DIG Digital transformation in Islamic finance: a critical and analytical view/	332.094 DOL Dollar hegemony: past, present, and future /	332.1 EME Emerging issues in banking and finance	Next

Includes index.

Between Debt and the Devil challenges the belief that we need credit growth to fuel economic growth, and that rising debt is okay as long as inflation remains low. In fact, most credit is not needed for economic growth—but it drives real estate booms and busts and leads to financial crisis and depression. Turner explains why public policy needs to manage the growth and allocation of credit creation, and why debt needs to be taxed as a form of economic pollution.

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